IDFC Sterling Value Fund

As of Mar 2023, IDFC Sterling Value Fund — an institution tracked through public shareholding filings — disclosed 10 holdings in Indian listed companies worth ₹1,260 crore. The same holdings-at-filing-value basis put it at ₹1,239 crore in Dec 2022 (+1.7%). Solomo carries these filings back to Jun 2018.

Largest disclosed positions in Mar 2023: NCC Ltd (NCC — 3.33% of the company, ₹222 crore); KEC International Ltd (KEC — 1.76% of the company, ₹207 crore); EIH Ltd (EIHOTEL — 1.47% of the company, ₹152 crore); Greenpanel Industries Ltd (GREENPANEL — 4.31% of the company, ₹144 crore); Avanti Feeds Ltd (AVANTIFEED — 3.02% of the company, ₹140 crore). Those 5 account for 69% of the disclosed value.

Changes in the Mar 2023 filings: Stake raised in Greenpanel Industries Ltd (+0.40 pp), Graphite India Ltd (+0.15 pp), MAS Financial Services Ltd (+0.03 pp). Stake reduced in Kirloskar Ferrous Industries Ltd (−0.28 pp), KEC International Ltd (−0.09 pp), EIH Ltd (−0.06 pp). No longer disclosed after the previous quarter: Sagar Cements Ltd — which can mean a sale, a stake falling below the 1% disclosure line, or that name not filing this quarter.